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Sundaram Clayton renamed TVS Holdings Ltd
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Manali Petrochemicals to pick minor stake in First Energy - The Hindu BusinessLine
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TVS Motor divests stake in Emerald Haven Realty for ₹166 83 cr
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A M Naik, who joined Larsen and Toubro Ltd. in the 1960's as a junior engineer and rose to the top during his 58 years of service, has decided to step down as the non-executive chairperson at the end of his tenure on Sept. 30.
Naik has been conferred a status of chairman emeritus by the board.
He was instrumental in fighting high-profile corporate takeover battles with the likes of Mukesh and Anil Ambani of Reliance and Kumar Mangalam Birla over the L&T's cement business after he took over as the chief executive officer in 1999.